002050SanhuaSZSE

Zhejiang Sanhua Intelligent Controls Co., Ltd.

三花智控

002050

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryGeneral Machinery Manufacturing
ISINCNE000001M22
ListedJune 7, 2005
Websitewww.zjshc.com
IR Emailshc@zjshc.com
Phone(+86)575-86255360
AddressOffice Building, Sanhua Industrial Park, No. 219 Woxi Avenue, Xinchang, Shaoxing, Zhejiang

Company Profile

1. Clear strategic layout The Company adheres to the "Dedication and Leadership, Innovation and Surpassing” business path, takes the research and application of heat pump technology and thermal management system products as the core, firmly grasps the development theme of energy conservation, environmental protection and intelligent control, upgrades from "mechanical parts development" to "system control technology solution development of electronic control integration". The Company’s products series are expanded from household A/C and refrigerator components to the field of commercial A/C and commercial refrigeration, and extending to the direction of inverter control technology and system integration and upgrading. Meanwhile, after the injection of automotive components business, it gives full play to the synergy effect with the original business, continues to deepen the research and development of new energy vehicle thermal management system components, and actively explores the deeper application of thermal management components and subsystems in the automotive field, so as to provide global customers with competitive environmental intelligent control solutions. 2. Technology leading, customer oriented As a national high-tech enterprise, the Company has always adhered to the technological route of independent development and innovation. For decades, it has focused on the field of intelligent control and vigorously cultivated core technologies with independent intellectual property rights. It has been authorized with 4,252 patents both domestic and abroad, including 2,261 invention patents. The Company has established a comprehensive multi-disciplinary R&D team for product development and technical research, and established a matrix R&D organizational structure. Utilizing the model of product development driven by technological research, we can promote innovation. Meanwhile, a technical expert committee has been established to guide and manage technological development. All products, services and quality of the Company take meeting the needs of customers as the first priority. 3. Quality assurance, scale economy effect The Company's products cover refrigeration A/C electrical components and automotive components industry. The market share of the Company's Electronic Expansion Valve, Four-way Reversing Valve, Service Valve, Solenoid Valve, Microchannel Heat Exchanger, Automotive Electric Expansion Valve, Thermal Management Integrated Module for new energy vehicle, Omega Pump ranks first globally. The market share of Automotive Thermal Expansion Valve and Receiver Drier is in the leading position in the world. The Company has established a complete and strict quality assurance system, achieved ISO9001, IATF16949, QC080000 quality system certification. The Company won the National Quality Award, Zhejiang Quality Award, National Technological Innovation Demonstration Enterprise and won the high comments from Daikin, Panasonic, Ford, BSH Home Appliances, Siemens, Volkswagen, Mercedes-Benz, BYD, and Geely and other well-known enterprises at home and abroad. 4. Advantages of global marketing network and production base Since the 1990s, the Company has focused on expanding the international market, and has established overseas subsidiaries in Japan, South Korea, Singapore, the United States, Mexico, Germany and other places to build a global marketing network. At the same time, it has established overseas production bases in Mexico, Poland, Vietnam, Thailand and other places. And in practice, we have trained a number of management talents who can meet the needs of business development in different countries and regions.

Full description

The Company adheres to the "Dedication and Leadership, Innovation and Surpassing" business path, take the research and application of heat pump technology and thermal management system products as the core, focuses on the development of environmental thermal management solutions for heat and cold conversion and intelligent temperature control, commits to specialized operations in the fields of building HVAC, electrical equipment and thermal management of NEVs. According to the different stages and characteristics of strategic and mature business development, the Company's business is mainly divided into refrigeration and air conditioning electrical components business and automotive components business. Refrigeration and air conditioning electrical components business is committed to building HVAC, electrical equipment specialized operation, the main products include Four-way Reversing Valve, Electronic Expansion Valve, Solenoid Valve, Microchannel Heat Exchanger, Omega Pumps, etc., which widely used in air conditioning, refrigerators, cold chain logistics, dishwashers and other fields; Automotive components business focuses on in depth research in the field of automotive thermal management, the main products include Thermal Expansion Valve, Electronic Expansion Valve, Electronic Water Pump, New Energy Vehicle Thermal Management Integrated Modules, etc., widely used in both NEVs and ICVs. There were no changes in the Company's principal business and business model during the reporting period.

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